BIRMINGHAM, Alabama – Walter Energy stock was up more than 14 percent today on news that senior insiders have been buying.

The chief executive officer, several senior vice presidents and two members of the board of directors bought 28,585 shares at prices ranging from $16.81 to $17.72, Seeking Alpha reported, citing multiple Securities and Exchange Commission filings.

Walter Energy stock closed trading at $19.23, up $2.44 or 14.5 percent. The stock reached an intraday high of $19.65.